JM Group Announces Its Operations Remain, Uninterrupted As Of June 1 In Response To Trading Halt By NYSE

JM Group Limited (NYSE:JMG) (the "Company" or "JMG"), a Hong Kong-headquartered sourcing and wholesale solutions provider for a wide array of consumer products, today provided the following further updates regarding the Company's response to the trading halt placed by the New York Stock Exchange ("NYSE") and the relevant regulatory inquiries previously announced by the Company on February 2, 2026.

As previously disclosed, the special committee (the "Special Committee") formed on January 30, 2026 by the Company's board of directors, consisting of Man Chiu Kit and Sze Wai Li, both independent directors of the Company, is currently overseeing an internal investigation (the "Internal Investigation") into the circumstances relating to the trading halt. Robinson & Cole LLP, the Company's outside counsel, is assisting the Special Committee in the Internal Investigation.

The Company received requests from the U.S. Securities and Exchange Commission (SEC) and NYSE for certain information and documents, and the Company submitted its written responses with supporting materials to the SEC and NYSE. As of the date of this report, the Company has responded to all questions and document requests received from the SEC and NYSE. The Company continues to monitor the matter and remains committed to cooperating in a transparent and timely manner. The Company will provide further updates regarding the relevant investigations as appropriate.

The Company's business operations remain normal and uninterrupted as of the date of this report.